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  1. Peter_Tersteeg

    trust/corporate trustee/multiple lenders

    We don't know how many squares the chess board actually has (people always want more squares). We also don't know what pieces we'll be playing with in the future, there's multiple opponents and we don't know what pieces they have. Fortunately the goal usually isn't to win against the other...
  2. Peter_Tersteeg

    trust/corporate trustee/multiple lenders

    It's about selecting the right lenders at the right time, taking into account your existing financial circumstances and your longer term goals. It also involves making sure the loan products and they way they are set up meet these objectives. There's no simple example, its a highly...
  3. Peter_Tersteeg

    trust/corporate trustee/multiple lenders

    I can assure you it's not a fairytale and it's not about changing guarantors. It's just a weird loophole in one lenders policy, but it doesn't make sense. As a result it's rarely applied unless you get the right person assessing the loan application. It's a loophole that isn't really meant to...
  4. Peter_Tersteeg

    trust/corporate trustee/multiple lenders

    I generally agree with the statements my colleagues have made. However... ... I am aware of one lender that ignores debts in other trusts on a case by case basis. It's not an advertised policy and it's not reliable as it can come down to the individual assessor to determine if it's applied...
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